Verified AccountantsUK firms, verified against the public record

Practical Accounting Limited

Chartered Accountants in Staffordshire B79

Verified & RegulatedTrust Score91/100Excellent

Companies House: 0456860750 Ashby Rd, Tamworth, B79 8ADData updated 07 Jul 2026

In the local market

Practical Accounting Limited is one of 14 accountancy practices we verify in Staffordshire. It is one of only 3 ICAEW-regulated firms among them, rather than under the default HMRC scheme.

Verified Accountants assessment

Practical Accounting Limited is a UK limited company based in Staffordshire, incorporated in 2002 and trading for 24 years.

Public records confirm it is anti-money-laundering supervised by ICAEW, a member firm of ICAEW, up to date with its accounts (last filed 31 Dec 2024), and running a confirmed website. Its most recent filed accounts, for the year to 31 Dec 2024, report net assets of £55,120, up from £44,902 the year before.

How we verify →

Verification record and Trust Score

91/100

Trust Score

Excellent
Public record
AML supervised · ICAEW
Active company
Filing compliant
Trading 23 years
Professional qualification
  • ICAEW
  • ACCA
  • AAT
Contact
Websitepending
Phone
Emailn/a

The Trust Score is the share of the applicable public signals we have verified, scored out of 100 - fully deterministic, never subjective. How it is scored, and every signal's points →

Companies HouseActiveno. 04568607 (opens in new tab)incorporated 2002Companies House · checked 07 Jul
Registered activity
  • SIC 69201 - Accounting and auditing
The business activity the firm registered with Companies House (its Standard Industrial Classification).Companies House · checked 07 Jul
Filing complianceAccounts and confirmation statement filed on timelast accounts 31 Dec 2024 (opens in new tab)Companies House · checked 07 Jul
Professional bodyMember firm of ICAEWInstitute of Chartered Accountants in England and Wales (ICAEW) is a UK professional accountancy body. Member firms must meet its qualification and conduct standards and can be disciplined by it.ICAEW · checked 20 Jul
Anti-money-launderingSupervised by ICAEWICAEW is one of the professional bodies approved to supervise accountants for anti-money-laundering. Every UK accountant must be supervised, by HMRC or an approved professional body, so this confirms the firm is monitored and operating legitimately.ICAEW · checked 20 Jul
Sources: Companies House (opens in new tab), ICAEW
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People at Practical Accounting Limited

Directors and officers (1)

  • DANIELS, Susan JayneSecretary · since 2002

Persons with significant control (1)

  • Mr Stephen DanielsOwns 50-75% of shares, 50-75% of voting rights

Source: Companies House register (opens in new tab).

Financials (as filed)

Companies House filing history (opens in new tab) | 2014 to 2024
Net assets
£55k
as at 31 Dec 2024+£10k vs 2023
Current assets
£177k
as at 31 Dec 2024+£5.6k vs 2023
Average employees
5
as at 31 Dec 2024
Current assets (cash, debtors, other) and net assets by year, in £. Latest year first.
20242023202220212020201920182017201620152014
CashDebtorsOtherNet assets
Full figures
As filed31 Dec 202431 Dec 202331 Dec 202231 Dec 202131 Dec 202031 Dec 201931 Dec 201831 Dec 201731 Dec 201631 Dec 201531 Dec 2014
Average employees555555555
Net assets£55,120£44,902£30,524£42,180£49,122£65,417£43,806£16,304£9,543£9,316£17,999
Cash at bank£100,544£106,417
Current assets£176,669£171,032£178,528£192,455£195,227£169,271£160,548£149,008£146,468£130,701£136,983
Fixed assets£13,069£12,072£13,123£12,789£17,503£23,540£28,636£34,090£37,418£55,372£61,862
Debtors£18,858£20,179
Shareholders equity£55,120£44,902£30,524£42,180£49,122£65,417£43,806£16,304£9,543£9,316£17,999

Figures as reported in this firm's accounts filed at Companies House. Net assets is total assets less what the company owes; a figure below zero means recorded liabilities exceed assets. Small companies may file abbreviated accounts that omit turnover and profit. Public record, reproduced as facts.

Timeline

  1. 2002Company incorporated
  2. 2024Latest accounts filed
  3. 2026Verified on this directory

Frequently asked questions

Is Practical Accounting Limited a regulated accountant?

Yes. Practical Accounting Limited is a member firm of ICAEW, and is supervised for anti-money-laundering by ICAEW. Every UK accountant must be supervised for anti-money-laundering, by HMRC or an approved professional body, so this confirms the firm is authorised to practise and monitored for compliance.

Is Practical Accounting Limited a chartered accountant?

Yes. Practical Accounting Limited is a member firm of ICAEW, so it can use the title Chartered Accountants. "Chartered" and "Chartered Certified" are legally protected UK terms that only members of these bodies may use.

How long has Practical Accounting Limited been established?

Practical Accounting Limited was incorporated at Companies House in 2002, so it has been on the register for about 24 years. A longer trading history is one sign of an established, accountable firm, though a newer firm is not necessarily less capable.

Does Practical Accounting Limited file its accounts on time?

Yes. According to Companies House, Practical Accounting Limited's most recent statutory accounts were filed by their due date. On-time filing is a basic sign that a company is being administered properly.

How do you verify Practical Accounting Limited?

We build this record only from public, authoritative sources - for this firm, Companies House and ICAEW, and stamp every claim with its source and the date we last checked it. We show only what we can verify and say so plainly when we cannot. How we verify →

How is the Trust Score calculated?

The Trust Score is fully deterministic: fixed points for public, verified signals - an active company, anti-money-laundering supervision, filing compliance, a confirmed website and trading history. Practical Accounting Limited scores 91/100. Nothing in the score is subjective, and every rule is listed on this page. How we verify →

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